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Dollar Stages Rally After Policymakers Say Bailout Plan Will Pass (Forex Video)
Thursday, 25 September 2008 20:36:25 GMT
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Dollar rallies 150 points against the euro and 250 points against the British pound as policymakers confirm a resolution on the bailout plan.
· Drop in durable goods orders and new home sales ignored as market awaits financial crisis bailout.
· German consumer confidence ticks higher, but fundamental outlook discouraging.
Stories to watch on DailyFX
· Retail traders position for ranges, but will exogenous event risk lead to breakouts?
· See what trade setups are topping the DailyFX Analysts' lists in the DailyFX Analysts Picks section.
Send any comments or questions to jkicklighter@dailyfx.com.
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